A deposit is an action to place generated income in safekeeping immediately after a function and/or the sale of tickets, t-shirts, or raffles. Following are the procedures to follow regarding deposits:

• At the end of an event or the conclusion of ticket sales, a deposit should be made. The club’s designee should prepare the deposit for the SGA Treasurer.
• The deposit is the money which remains after the change bank advance has been subtracted from the total monies.
• All organizations are required to count the monies at the time of deposit. The SGA Treasurer may recount the monies in the presence of the organizations’ designee. This process is carried out to protect both the organizations and the Student Government Treasurer.
  

During activities at which large amounts of money are collected, organizations should make interim deposits. Keeping large sums of money in club offices or dorm rooms unless somehow secured is not recommended. If you have cash from a program, you can leave it with Shannon Hodgdon in the Office of Campus Life or with the SGA Treasurer to lock in the safe.